A very good point to not forget when investing: “favorable difference between price on the one hand and indicated or appraised value on the other.” This is quoted from the article below and was in the Benjamin Graham book: "The Intelligent Investor." https://seekingalpha.com/article/4421399-retirement-strategy-beauty-of-compounding?mail_subject=brad-thomas-retirement-strategy-the-beauty-of-compounding&utm_campaign=rta-author-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha